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TeamTalk posts another record result - Net Profit up 15.9%

TeamTalk announced another record result today. The listed telecommunications company’s Net Profit after Tax rose 15.9% to $5.4 million for the 2012 year. Revenue also increased 2% to $32.4 million.

The group’s two lines of business, broadband and mobile radio, both reported increases in revenue. Broadband was the star performer with its EBITDA increasing 18.8% to just over $8 million. 61% of the group’s EBITDA now comes from broadband services.